Why there are no really rich people in my country!
Wealth median top 20% / wealth median bottom 20%
Source: European Central Bank (2013b)
Why there are almost no really rich people in the south of Europe? Because there are no big corporations like Bayer, BASF, BMW, Siemens, SAP, etc....The owners of this big multinationals are the rich people of Europe. The Globalization created a big and powerful multinationals. The big got bigger and the smaller got crushed.
When we open a big space to free trade, that is a boom to the biggest corporations.
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